Impactphl EIN 83-1156552 Form 990 (PDF) Claim this org

Impactphl

Not yet claimed Claim this org →

Grows Philadelphia's impact economy by fostering impact investing and supporting successful companies. For fiscal year 2025 it reported $1.0M in revenue, $838K in expenses, and $823K in net assets.Pt I

Type
Public charity (501(c)(3)) · Public & Societal Benefit
Location
Philadelphia, PA
Website
impactphl.org
Filings
5 on file (2021–2025)
Revenue
$1.0MFY2025
Expenses
$838K
Net assets
$823K
People
9
Filings
5
Updates
0
More identity details & actions ⌄
EIN  83-1156552 Public charity (501(c)(3)) Philadelphia, PA
Form 990 (PDF)
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Impactphl claims this page.

Know this organization? Claim it to add your story

Size
$1–10M
What they do
Grows Philadelphia's impact economy by fostering impact investing and supporting successful companies.
Leadership
Cory Donovan · SVP of Commu · $124K
Money in and out
$1.0M revenue, $838K expenses
Bottom line
88% program efficiency
Where the money goes · FY2025
Total revenue
$1.0M
Pt VIII · Ln 12
Total expenses
$838K
Pt IX · Ln 25
Net assets
$823K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $206K
Where spending went · Part IX cols B–D
Program services $0.88 Management & general $0.08 Fundraising $0.04
Program efficiency
88%
of spending reaches programs▼ -2% vs prior filing year
Operating runway
11.8mo
months of highly liquid reserves at operating expense rate▲ +15% vs prior filing year
Surplus margin
+20%
revenue over expenses, this year▲ +840% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$1.0M
FY2025▲ +51%
Expenses
$838K
FY2025▲ +18%
Total assets
$831K
FY2025▲ +35%
Total liabilities
$9K
FY2025▲ ×33
Total revenue
$1.0M
Pt VIII · Ln 12
Total expenses
$838K
Pt IX · Ln 25
Net assets
$823K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$206K
Total assetsPt X · Ln 16$831K
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CImpactphl
EINHdr · item D83-1156552
Principal addressHdr · item CPhiladelphia, PA
WebsiteHdr · item Jimpactphl.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MPA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFPublic & Societal Benefit (W99)
Ruling yearIRS BMFMar 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
SVP of Commu
$124,000Pt VII · Sec A
Executive Di
$54,632Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Executive Ch
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Cory Donovan’s $124K as SVP of Commu is at the 37th percentile of top reported officer pay among 731 $1–10M public & societal benefit nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Cory Donovan$124,000$123,000$116,000$90,231$98,000
Kafi Lindsay$54,632

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Impactphl executive salaries →

Are you one of these people? Claim this org to confirm your role

Mission & Programs · Part III

Where the work happens

1 program service account for $736K of program spending, described in the organization's own filed words · FY2024.
01

Impactphl is dedicated to growing the greater philadelphia region's impact economy. We encourage and help individuals and organizations align their financial assets with their values. Our community includes investors large and small, foundations, family offices, social entrepreneurs, and business leaders.

$736Kprogram expense

Run this program? Claim this org to tell your story

Statement of Revenue

Part VIII
Contributions & grants$813K · 78%
Program service revenue$232K · 22%
Contributions & grants78%$813K
Program service revenue22%$232K
Investment income$191
Total revenueLn 12$1.0M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.08 Fundraising $0.04
Program services88%$736K
Management & general8%$70K
Fundraising4%$33K
Total functional expensesLn 25$838K

Balance Sheet

Part X · end of year
CashLn 1$823K
Total assetsLn 16$831K
Total liabilitiesLn 26$9K
Total net assetsLn 32$823K
Months of cash on handcomputed11.8

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $823K · Operating expenses/yr $838K
11.8 months
Where the money goes
Program services
Program services $736K · Total expenses $838K
88%
Management & General
Management & general $70K · Total expenses $838K
8%
Fundraising
Fundraising $33K · Total expenses $838K
4%
Cost to raise $1
Fundraising expense (3-yr avg) $19K · Solicited contributions (3-yr avg) $662K
$0.03 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $813K · Total revenue $1.0M
78%
Government reliance
Government grants — · Total revenue $1.0M
Earned-income share
Program service revenue $232K · Total revenue $1.0M
22%
Investment reliance
Investment income $191 · Total revenue $1.0M
+0.02%
Program self-sufficiency
Program service revenue $232K · Total expenses $838K
28%
Growth & trend
Revenue growth (YoY)
This year $1.0M · Prior year $694K
+51%
Revenue CAGR
FY2020 $270K · FY2024 $1.0M
+40%
Net-asset trend (YoY)
End of year $823K · Beginning of year $616K
+33%
Balance sheet
Surplus Margin
Revenue $1.0M · Expenses $838K
+20%
Liabilities-to-Assets
Total liabilities $9K · Total assets $831K
1%
Net-asset ratio
Net assets $823K · Total assets $831K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $831K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Cory Donovan · Reported title SVP OF COMMU · Highest reported compensation $124K · Total expenses $838K
15%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $437K · Total expenses $838K
52%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 88%
Overhead ratio 8%
Fundraising cost ratio 4%
Revenue growth 51%
Accounting fee ratio 3%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 7 funders →
Grants paid · 5 grants · $88K · 2023–2023
Farmerjawn Foods LLCFY2023$25,000
E-VerseFY2023$24,700
Levra Labs LLCFY2023$15,000
Suzumo International GroupFY2023$15,000
Unitemized GrantFY2023$8,330

Similar Organizations

Closest in mission — by what they do
See all organizations like Impactphl →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$1.0M revenue · viewing · ⤓ 990 PDF
FY2024$694K revenue · ⤓ 990 PDF
FY2023$796K revenue · ⤓ 990 PDF
FY2022$861K revenue · ⤓ 990 PDF
FY2021$270K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.